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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Motels
1056 Dogwood SE Dr Conyers, GA 30012-5384
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-1640508
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
CONCRETE
Total area
14,005 SF
Lot
1.78 ac (77,537 SF)
Zoning code
MXD
APN
C30-0-02-0018
UPID
US22-1640508
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Conyers Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Jayantilal M Patel · 9 yrs held
Jayantilal M Patel
since 2017
4 recorded transactions
Zoning & alternative use
MXD · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$380,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$44 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,560
Tax year 2023
Assessed value
$274,520
Assessed 2023
Previous assessed
$274,520
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$161,240
Assessed improvement
$113,280
Land market value
$403,100
Improvement market value
$283,200
Total market value
$686,300
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
RADIANT
Cooling
CENTRAL
Stories
1
Total area
14,005 SF
Lot
1.78 ac (77,537 SF)
Zoning code
MXD
APN
C30-0-02-0018
UPID
US22-1640508
Jurisdiction
ROCKDALE
Zoning & alternative use
MXD · Conyers, GA
Zoning MXD · permitted uses
MXD · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Jayantilal M Patel
Individual
Mailing address
1056 DOGWOOD DR SE, CONYERS, GA 30012-5384
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
—
Jayantilal M Patel
Patel,naresh U & Gitabahen
Quit Claim Deed
related
$520,000 · Conyer Motor Inn INC
May 8, 2017
$423,000
Jayantilal M Patel
Patel,naresh U & Gitabahen
Quit Claim Deed
related
—
May 21, 2013
$600,000
Naresh U Patel
Conyers Motors Inn INC
Grant Deed
$100 · Conyers Motor Inn INC
—
—
Naresh Patel
—
Loan Modification
related
$520,000 · Conyer Motor Inn INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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